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3 points in .3 Discussion series with Prof. Colleen Medill

Date: Time: 12:30 pm–1:00 pm
Virtual
We know lawyers bill time in six-minute increments. In this new virtual program, Nebraska Law faculty and administrators will present different areas of work or research each week, individually only lasting 18 minutes. The presenter will have 12 minutes to present their material, then attendees will have six minutes to ask questions. The series will run each Wednesday from Jan. 20-May 5 in a virtual format.

In this session, Prof. Medill will discuss Reuniting Retirees with Their Pension Money. Every year, pension plans send checks to retirees that are never cashed. Although most of these checks are under $5,000, the annual total exceeds $100 million, and the backlog of unclaimed checks held by pension plan exceeds $500 million (estimates vary up to $1 trillion). In 2019, the Department of Labor commissioned its ERISA Advisory Council to study the possibility of using state unclaimed property systems to improve the odds that retirees will find and claim their pension money. Professor Medill served as a member of the ERISA Advisory Council during this time and will explain the causes of the uncashed check problem and discuss the Council’s findings regarding the feasibility of using state unclaimed property systems to reunite retirees with their pension money. To register, visit https://go.unl.edu/3points.

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